Here’s a preview, courtesy of Brian Gilmartin of fundamentalis.com:
The most important economic indicator of each month is the nonfarm payroll report usually released the first Friday of the month, and tomorrow’s February ’18 jobs report is expected to see 195,000 – 200,000 “net new jobs” created within the US economy, in line with the 170,000 to 210,000 that were seen in the last 4 years of the Obama Administration.
Watch the unemployment rate – it hasn’t been since the late 1960’s that we’ve seen a year where the US unemployment rate has stayed below 4%. I have to think the unemployment rate drops under 4% in 2018.
Jobless claims last week were at a 42-year low, at 210,000 and while they rose a little this morning, the fact is – as one commentator just noted – “the US job market is as tight as a drum”.